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FBR Balanced is going to be merged with hennessay balanced fund???

edited August 2012 in Fund Discussions
i just received a notice from fbr funds that all of their funds will be merged to hennessay funds. i own fobax, and it says it will be taken over by hennessay balanced fund. if this is true i will dump the fund and maybe buy wbmrx that scott has mentioned. hennessay balanced is a very, very bad fund. high expenses.lousey performance. does anyone else have any information regarding this?

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